Destination XL Group (NASDAQ:DXLG) Stock Price Passes Below 200 Day Moving Average of $0.00
Destination XL Group Inc (NASDAQ:DXLG) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as low as $1.80. Destination XL Group shares last traded at $1.83, with a volume of 213 shares traded.
The firm has a 50-day moving average of $1.75. The company has a current ratio of 0.90, a quick ratio of 0.15 and a debt-to-equity ratio of 3.61.
Destination XL Group (NASDAQ:DXLG) last announced its earnings results on Friday, May 24th. The specialty retailer reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $112.97 million for the quarter. Destination XL Group had a negative return on equity of 4.88% and a negative net margin of 2.85%.
Large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its stake in Destination XL Group by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,600,863 shares of the specialty retailer’s stock worth $3,474,000 after buying an additional 13,100 shares during the period. Punch & Associates Investment Management Inc. increased its holdings in shares of Destination XL Group by 28.6% during the first quarter. Punch & Associates Investment Management Inc. now owns 1,554,284 shares of the specialty retailer’s stock valued at $3,808,000 after acquiring an additional 345,807 shares in the last quarter. Ashfield Capital Partners LLC acquired a new position in shares of Destination XL Group during the first quarter worth approximately $250,000. Bailard Inc. acquired a new position in shares of Destination XL Group during the first quarter worth approximately $207,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of Destination XL Group by 11.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 71,641 shares of the specialty retailer’s stock worth $176,000 after purchasing an additional 7,301 shares in the last quarter. Institutional investors and hedge funds own 64.88% of the company’s stock.
About Destination XL Group (NASDAQ:DXLG)
Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.
Further Reading: How much money do you need to begin day trading?
Receive News & Ratings for Destination XL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination XL Group and related companies with MarketBeat.com's FREE daily email newsletter.